SunOpta Non Current Assets Total vs Property Plant And Equipment Gross Analysis

STKL Stock  USD 5.81  0.06  1.02%   
SunOpta financial indicator trend analysis is much more than just breaking down SunOpta prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether SunOpta is a good investment. Please check the relationship between SunOpta Non Current Assets Total and its Property Plant And Equipment Gross accounts. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy SunOpta Stock please use our How to buy in SunOpta Stock guide.

Non Current Assets Total vs Property Plant And Equipment Gross

Non Current Assets Total vs Property Plant And Equipment Gross Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of SunOpta Non Current Assets Total account and Property Plant And Equipment Gross. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between SunOpta's Non Current Assets Total and Property Plant And Equipment Gross is 0.58. Overlapping area represents the amount of variation of Non Current Assets Total that can explain the historical movement of Property Plant And Equipment Gross in the same time period over historical financial statements of SunOpta, assuming nothing else is changed. The correlation between historical values of SunOpta's Non Current Assets Total and Property Plant And Equipment Gross is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Non Current Assets Total of SunOpta are associated (or correlated) with its Property Plant And Equipment Gross. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant And Equipment Gross has no effect on the direction of Non Current Assets Total i.e., SunOpta's Non Current Assets Total and Property Plant And Equipment Gross go up and down completely randomly.

Correlation Coefficient

0.58
Relationship DirectionPositive 
Relationship StrengthWeak

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.

Property Plant And Equipment Gross

Most indicators from SunOpta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into SunOpta current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy SunOpta Stock please use our How to buy in SunOpta Stock guide.At this time, SunOpta's Selling General Administrative is quite stable compared to the past year. Tax Provision is expected to rise to about 3.4 M this year, although the value of Sales General And Administrative To Revenue will most likely fall to 0.11.
 2021 2022 2023 2024 (projected)
Interest Expense8.8M14.7M50.2M52.8M
Depreciation And Amortization34.6M37.7M31.0M32.6M

SunOpta fundamental ratios Correlations

0.720.820.770.130.720.14-0.020.77-0.03-0.020.880.420.590.880.420.010.870.890.830.220.650.90.70.720.02
0.720.660.20.511.0-0.45-0.360.810.38-0.360.540.610.860.580.680.440.960.580.620.070.650.550.370.680.46
0.820.660.48-0.170.650.220.230.42-0.20.230.920.140.280.940.54-0.060.780.940.64-0.060.960.830.610.41-0.23
0.770.20.48-0.010.190.470.190.54-0.170.190.740.30.220.690.07-0.220.430.710.60.270.230.790.620.47-0.14
0.130.51-0.17-0.010.51-0.73-0.480.650.76-0.48-0.130.880.72-0.190.480.550.36-0.17-0.010.08-0.19-0.03-0.280.560.98
0.721.00.650.190.51-0.46-0.370.810.39-0.370.530.620.870.570.680.450.960.570.620.070.640.540.360.680.46
0.14-0.450.220.47-0.73-0.460.68-0.32-0.630.680.33-0.63-0.550.35-0.48-0.79-0.220.36-0.020.030.110.220.5-0.47-0.76
-0.02-0.360.230.19-0.48-0.370.68-0.45-0.481.00.33-0.41-0.580.28-0.19-0.53-0.230.3-0.3-0.270.210.220.05-0.41-0.49
0.770.810.420.540.650.81-0.32-0.450.53-0.450.480.770.920.460.50.360.850.490.630.250.280.560.490.770.58
-0.030.38-0.2-0.170.760.39-0.63-0.480.53-0.48-0.210.650.6-0.310.460.40.28-0.26-0.190.05-0.2-0.17-0.030.320.86
-0.02-0.360.230.19-0.48-0.370.681.0-0.45-0.480.33-0.41-0.580.28-0.19-0.53-0.230.3-0.3-0.270.210.220.05-0.41-0.49
0.880.540.920.74-0.130.530.330.330.48-0.210.330.250.250.960.44-0.120.720.970.660.070.790.950.630.49-0.22
0.420.610.140.30.880.62-0.63-0.410.770.65-0.410.250.720.160.660.520.550.180.290.190.060.36-0.110.790.83
0.590.860.280.220.720.87-0.55-0.580.920.6-0.580.250.720.280.470.50.810.30.540.280.20.340.310.70.68
0.880.580.940.69-0.190.570.350.280.46-0.310.280.960.160.280.38-0.120.750.990.730.110.840.920.660.41-0.29
0.420.680.540.070.480.68-0.48-0.190.50.46-0.190.440.660.470.380.390.640.40.23-0.070.570.390.010.570.49
0.010.44-0.06-0.220.550.45-0.79-0.530.360.4-0.53-0.120.520.5-0.120.390.29-0.140.27-0.330.00.04-0.290.440.53
0.870.960.780.430.360.96-0.22-0.230.850.28-0.230.720.550.810.750.640.290.760.730.140.710.720.570.690.3
0.890.580.940.71-0.170.570.360.30.49-0.260.30.970.180.30.990.4-0.140.760.710.120.820.930.680.44-0.26
0.830.620.640.6-0.010.62-0.02-0.30.63-0.19-0.30.660.290.540.730.230.270.730.710.250.50.770.560.67-0.14
0.220.07-0.060.270.080.070.03-0.270.250.05-0.270.070.190.280.11-0.07-0.330.140.120.25-0.190.080.150.230.05
0.650.650.960.23-0.190.640.110.210.28-0.20.210.790.060.20.840.570.00.710.820.5-0.190.670.460.27-0.22
0.90.550.830.79-0.030.540.220.220.56-0.170.220.950.360.340.920.390.040.720.930.770.080.670.580.62-0.15
0.70.370.610.62-0.280.360.50.050.49-0.030.050.63-0.110.310.660.01-0.290.570.680.560.150.460.580.16-0.3
0.720.680.410.470.560.68-0.47-0.410.770.32-0.410.490.790.70.410.570.440.690.440.670.230.270.620.160.46
0.020.46-0.23-0.140.980.46-0.76-0.490.580.86-0.49-0.220.830.68-0.290.490.530.3-0.26-0.140.05-0.22-0.15-0.30.46
Click cells to compare fundamentals

SunOpta Account Relationship Matchups

SunOpta fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets923.4M585.6M755.1M855.9M669.4M419.0M
Short Long Term Debt Total560.0M107.1M275.8M399.1M396.7M416.6M
Total Current Liabilities405.7M136.5M143.4M161.0M154.4M142.1M
Total Stockholder Equity210.5M332.9M333.1M347.3M175.5M169.9M
Property Plant And Equipment Net253.0M193.2M266.8M405.0M425.8M447.1M
Net Debt558.5M106.8M275.6M398.4M396.4M416.3M
Retained Earnings(214.9M)(147.7M)(156.1M)(155.7M)(332.7M)(316.1M)
Cash1.5M251K227K679K306K290.7K
Non Current Assets Total433.4M336.3M425.2M553.5M485.2M509.4M
Non Currrent Assets Other2.0M5.8M5.9M5.2M25.1M26.3M
Cash And Short Term Investments1.5M251K227K679K306K290.7K
Net Receivables128.9M79.7M93.0M78.9M69.6M61.1M
Common Stock Shares Outstanding87.8M89.2M104.1M107.7M114.2M119.9M
Liabilities And Stockholders Equity923.4M585.6M755.1M855.9M669.4M419.0M
Non Current Liabilities Total305.3M116.2M278.6M347.6M339.5M356.5M
Inventory323.5M147.7M220.1M207.0M83.2M133.0M
Other Current Assets36.0M21.7M16.6M15.7M31.1M32.7M
Other Stockholder Equity35.8M37.9M23.2M33.2M27.5M37.6M
Total Liab710.9M252.7M422.0M508.6M493.9M518.6M
Total Current Assets490.0M249.3M330.0M302.4M184.2M214.3M
Intangible Assets150.0M133.3M148.4M135.6M21.9M20.8M
Other Current Liab6.4M200K113.2M957K20.6M13.0M
Short Term Debt265.7M16.2M22.0M51.6M57.8M76.2M
Accounts Payable133.5M118.6M121.4M108.5M75.8M72.2M
Good Will109.5M28.0M28.4M4.0M4.6M4.4M
Common Stock Total Equity308.9M314.4M318.5M326.5M375.5M192.0M
Property Plant And Equipment Gross253.0M193.2M266.8M405.0M552.8M580.5M
Accumulated Other Comprehensive Income(7.3M)(9.7M)(11.3M)1.4M2.0M1.1M
Common Stock318.5M326.5M436.5M440.3M464.2M487.4M
Other Liab10.2M11.0M25.4M24.7M28.4M14.6M
Net Tangible Assets(50.4M)71.5M152.5M171.6M154.4M162.2M
Other Assets2.0M5.8M5.9M8.9M8.0M7.7M
Long Term Debt242.2M66.2M214.8M270.0M238.9M122.6M
Short Long Term Debt248.5M3.5M9.8M38.5M24.3M23.1M

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When determining whether SunOpta is a strong investment it is important to analyze SunOpta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SunOpta's future performance. For an informed investment choice regarding SunOpta Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SunOpta. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For more information on how to buy SunOpta Stock please use our How to buy in SunOpta Stock guide.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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Is SunOpta's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SunOpta. If investors know SunOpta will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SunOpta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.799
Earnings Share
(0.15)
Revenue Per Share
5.687
Quarterly Revenue Growth
(0.18)
Return On Assets
0.0188
The market value of SunOpta is measured differently than its book value, which is the value of SunOpta that is recorded on the company's balance sheet. Investors also form their own opinion of SunOpta's value that differs from its market value or its book value, called intrinsic value, which is SunOpta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SunOpta's market value can be influenced by many factors that don't directly affect SunOpta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SunOpta's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunOpta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunOpta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.